Secretary-General Of The Council of Ministers Discusses With The World Bank The Executive Procedures To Facilitate Investment

BAGHDAD, IRAQ (NINA) - Secretary-General of the Council of Ministers, Mehdi Al-Alaq held a meeting with a delegation from the World Bank to discuss the paper prepared by the bank, which is to be presented at the Iraq Reconstruction Conference in Kuwait. "The parallel line for the reconstruction of the affected areas and the opening of investment is a new approach that Iraq insists on achieving," al-Alak said during the meeting. He added, "It is a big challenge, but it represents a set of treatments for the problems of the disruption of the investment process in Iraq." He explained, "Iraq is moving towards opening the door to foreign investors and giving them high degrees of credibility." For his part, the World Bank team stressed the need to develop new tools for the investor, show flexibility by the Iraqi government, and facilitate the process of preparing investment papers for those wishers. The Secretary General of the Council of Ministers thanked the team for its efforts in making a paper on the problems facing Iraq in the context of opening the door to investment for many sectors and projects in the next phase ./ End